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Apple Inc Paper

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Computer Science
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Saudi electronic university
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Running head: APPLE INC. BUDGETING PROCESS Apple Budgeting Process Institution Affiliation Name Date 1 APPLE INC. BUDGETING PROCESS 2 Introduction Apple Company is a global technology corporation that designs, manufacture, and sells computer products, online services, and consumer electronics. The company was started in 1976, and since then, the company has been growing, and still, now it is looking for further enlargement (Arocha, 2017). A budget is fiscal documentation that is used by businesses to forecast future costs and profits. A budget is used by companies to ascertain if they can continue operating with the projected expenses and profits. This paper will look into on Apple Inc. IT budgeting process. Current Budgeting Process of the Company The forecasted, real, and budgeted financial documents are reviewed to analyze the financial allocation methods and procedures that Apple Inc. has implemented. Based on the information reflecting on the company's financial ratios, it is clear that the company's financial supervision process is excellent (Li, 2016). The financial ratios are healthy, and the future outlook of the company looks positive, too (Dolata, 2018). In the words of Li (2016), the core items of the company budget are creation, cost competence, sales, and operational competence. The budgeting methods and policies of the company are supported by the keen supervision of the accounting system. The budgeting method and procedures help the company employees to ...
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